CFC Technology Introduces RDC Managed Services™

Minnetonka, MN, March 09, 2012 --(PR.com)-- CFC Technology recently introduced its newest solution for community banks and credit unions: RDC Managed Services™. This innovative approach to growing remote deposit capture (RDC) programs bundles six key elements under a simple pricing structure. These elements were designed to address common RDC deployment challenges faced by financial institutions (FIs). CFC Technology takes the burden off of FIs by overseeing such critical program functions as merchant marketing, installation, insight, and support.

“The current technology environment for community banks and credit unions has been shifting from, ‘We make. You take,’ to a collaborative, managed services approach,” said Mark Walinske, CEO and President of CFC Technology. “FIs are seeking out vendors that will help them build their credibility and scale their customer base. Banking isn’t just about branches and tellers anymore. It’s about engaging with customers and making doing business with your FI as convenient as possible.”

CFC’s RDC Managed Services provides a complete, hassle-free solution—all for one easy-to-understand, no-strings-attached fee. The solution’s features include:

- Partnering with FIs to establish an RDC growth strategy and determine target goals
- Implementing and measuring marketing programs to communicate benefits to add merchant
- Training and onboarding of new merchants to a FI’s RDC program
- Access to CFC’s proprietary online information portal where FIs can manage and track all merchant activity, and in turn, speeding up the overall growth process

“With ongoing regulatory and profit pressures faced by FIs, we understand that they don’t always have time or tools to go after new business,” said Walinske. “To sum it up using an angling metaphor, CFC’s RDC Managed Services solves this problem by letting us do the fishing for them.”

About CFC Technology
CFC Technology un-complicates growth for FIs. We help financial institutions strengthen customer relationships and secure new business. How? By providing a seamless, bundled RDC solution tailored to each FI’s specific needs. Our unprecedented RDC Managed Services™ approach includes merchant marketing, installation, insight, and support. At CFC, we deliver the complete package for your RDC needs. For more information, visit www.cfctechnology.com.

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